Speedway Motorsports, Inc., founded in 1994 and headquartered in Concord, North Carolina, is a leading promoter of motorsports in the United States. The company operates numerous racetracks and offers event management services, primarily focusing on stock car racing, and has played a significant role in the growth of NASCAR events across the nation.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| TRK 4.88% 2027-11-01 USDSpeedway Motorsports, Inc. | United States | 2027-11-01 | 4.875 | 5.36 |
| TRK 4.88% 2027-11-01 USDSpeedway Motorsports, Inc. | United States | 2027-11-01 | 4.875 | 5.19 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Speedway Motorsports has a history of bond issuances that date back to the early 2000s, with significant issuances including a $150 million offering in 2017 to refinance existing debt. As of 2023, the company's bonds reflect current yields that are competitive within the automotive and entertainment industry, primarily due to strong operations and consistent event attendance. Notably, some bonds carry call features that provide flexibility for corporate strategies, and recent developments indicate a commitment to innovative event experiences, potentially influencing future financing options.